105 South Franklin Avenue

Margate City, NJ 08402

$7,500,000
Price
6
Beds
6
Baths
1
1/2 Bath
4,500 Sq. Ft.
$1,667 / Sq. Ft.
4,500
Sq. Ft.
$1,667
per Sq. Ft.

Description

105 S Franklin Ave, a magnificent residence offering luxurious living spaces and breathtaking ocean views. With 4500 square feet of carefully crafted design, this three-level, six- bedroom, 6.5 bathroom stunning property boasts an array of features and amenities. Prepare to be captivated by the stunning architecture, impeccable design, and unparalleled attention to detail. The metal roof and stone accents add a touch of sophistication to the exterior, while the Hardy board and wood siding provide...105 S Franklin Ave, a magnificent residence offering luxurious living spaces and breathtaking ocean views. With 4500 square feet of carefully crafted design, this three-level, six- bedroom, 6.5 bathroom stunning property boasts an array of features and amenities. Prepare to be captivated by the stunning architecture, impeccable design, and unparalleled attention to detail. The metal roof and stone accents add a touch of sophistication to the exterior, while the Hardy board and wood siding provide a classic and timeless appeal. The solid Azek soffits further enhance the durability and aesthetics of the property. The paver driveway and front entry create an inviting ambiance, welcoming guests into this remarkable residence. As you make your way inside, you are greeted by an abundance of natural sunlight that illuminates the elegant hardwood floors throughout. The grand staircase with accent lighting sets the stage for the exceptional craftsmanship found within. The interior has been thoughtfully designed to accommodate a modern lifestyle, featuring a Smart Home Control4 system that allows for seamless integration of technology. The wrap-around kitchen is a culinary enthusiast's dream, equipped with a large center island, Wolf Sub Zero appliances. The slab backsplash and waterfall ends provide a sleek and contemporary touch, complemented by the led accent lighting throughout. Entertaining is made effortless with the inclusion of a huge wet bar boasting lit shelving and custom cabinetry. The grand fireplace with a slab surround creates a cozy and inviting atmosphere, perfect for gathering with friends and family. The primary suite is a true sanctuary, featuring a spacious layout, large wrap-around deck, and his and her closets. The spa-like standing shower and high-end plumbing fixtures in the ensuite bathroom exude luxury and tranquility. Each additional bedroom is thoughtfully designed and appointed, boasting its own ensuite bathroom and ample closet space. The third floor offers additional living space with a jack and jill suite, providing privacy and comfort for family members or guests. Immerse yourself in the wonders of the outside veranda, custom kitchen, and cabana, as well as the inviting gunite heated pool, all set amidst meticulously landscaped grounds. This meticulously crafted outdoor haven provides the perfect setting to create lasting memories, savor moments of tranquility, and embrace the pleasures of outdoor living. 105 S Franklin Ave presents a rare opportunity to own a residence that combines luxurious living, exceptional craftsmanship, and breathtaking ocean views. Don't miss your chance to experience the epitome of coastal elegance and sophistication.

Listing Agents

  1. Linda Novelli

    Linda Novelli

    Listing Agent

    Compass

  2. Vincent Novelli

    Vincent Novelli

    Alternative Listing Agent

    Compass

Property Details for 105 South Franklin Avenue

City/Community
Margate
Class
RESIDENTIAL
Parking - Exterior
Two Car
Waterfront (Y/N)
No

Location

Add your commute
LISTING UPDATED: 12/15/2023 12:23 PM

Property Details for 105 South Franklin Avenue

StatusUnder Contract
MLS #574294
Days on Market205
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built-
Lot Size75.00 AC / 3,267,000 SF
CountyAtlantic County

Location

Add your commute

Virtual Tour

Building Information for 105 South Franklin Avenue

Stories-Year Built-Building Size-Lot Size75.00 AC / 3,267,000 SF

Payment Calculator

$42,564 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,931

Property Taxes

$1,633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 105 South Franklin Avenue

Summary
Location and General Information
  • Address: 105 S Franklin Ave
  • Address Direction: S
  • Address Number: 105
  • Address Search Number: 105
  • Address Street: Franklin
  • Area: Margate City
  • County: Atlantic
  • Directions: Atlantic to Franklin, second house from beach.
  • Fips Code: 34001
  • Location: Beach Block, See Remarks, Water View
  • State: NJ
  • Street Designation: Ave
  • Style: 3 Story
  • Zip: 08402
Parking
  • Garage: Attached Garage
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 05-23-2023
  • Tax Year: 2024
  • Taxes: 0
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 4500
  • Block #: 6.01
  • Lot #: 3
  • Lot Dimensions: 75X62
  • Lot Size: Less than One Acre
Property and Assessments
  • Associated Document Count: 0
  • New Construction: Yes
  • Total Assessment: 0
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Full Baths: 6
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Cabana, Curbs, Deck, Fenced Yard, Outside Shower, Pool-In Ground, Sidewalks, Sprinkler System, Enclosed Outside Shower
  • Siding/Exterior: Stone, Wood, See Remarks
Interior Features
  • Air Conditioning: Central, Multi-Zoned
  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 6
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Half Baths: 1
  • Heating: Gas-Natural, Multi-Zoned, See Remarks
  • Interior Features: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry
  • Rooms: 13
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 105 South Franklin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 105 South Franklin Avenue

Taxable ValueLand$1,013,200Additions$228,900Total$1,242,100
Tax Record2022$19,600 ($1,633 / month)
Home Facts
Beds0Total Finished SqFt2,752 SqFtAbove Grade Finished SqFt2,752 SqFtStories3Lot Size4,687 SqFtStyleSingle Family ResidenceYear Built1925ZoningS-30CountyATLANTICAPN16 00006- 01-00003

Schools near 105 South Franklin Avenue

This home is within Margate City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Private - PK to 8
Private - PK to 8
Rating
School
Distance
William H. Ross III Intermediate School
PublicPK to 4

Eugene A Tighe Mid School
Public5 to 8

Blessed Sacrament Regional School
PrivatePK to 8

St. James Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.